INVESTORS MAY PROCEED ON CLAIMS OF IMPROPER ‘REALLOCATION,’ N.D. ILL. SAYS In re Allied Prods. Corp. Sec. Litig. | Secondary Sources | Westlaw

INVESTORS MAY PROCEED ON CLAIMS OF IMPROPER ‘REALLOCATION,’ N.D. ILL. SAYS In re Allied Prods. Corp. Sec. Litig. | Secondary Sources | Westlaw

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INVESTORS MAY PROCEED ON CLAIMS OF IMPROPER ‘REALLOCATION, ’ N.D. ILL. SAYS In re Allied Prods. Corp. Sec. Litig.

6 No. 10 ANSLRR 5Andrews Securities Litigation and Regulation Reporter (Approx. 3 pages)

INVESTORS MAY PROCEED ON CLAIMS OF IMPROPER ‘REALLOCATION, ’ N.D. ILL. SAYS In re Allied Prods. Corp. Sec. Litig.

6 No. 10 ANSLRR 5Andrews Securities Litigation and Regulation Reporter (Approx. 3 pages)

6 No. 10 Andrews Sec. Litig. & Reg. Rep. 5
Andrews Securities Litigation and Regulation Reporter
January 4, 2001
Accounting Irregularities
Copyright (c) 2001 Andrews Publications

INVESTORS MAY PROCEED ON CLAIMS OF IMPROPER ‘REALLOCATION,’ N.D. ILL. SAYS

In re Allied Prods. Corp. Sec. Litig.

Allied Products Corp.'s use of the “reallocation” accounting method, which resulted in an obvious overstatement of its earnings, has enabled shareholders to proceed on their claims that the company knew or recklessly disregarded the difficulty of...
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